Developer sells Palm Beach estate for $14M

The home and guest house sold for $1,845 psf

TRD MIAMI /
Feb.February 04, 2020 06:00 PM
134 El Vedado Road (Credit: iStock)

134 El Vedado Road (Credit: iStock)

South Florida real estate developer Myron Miller and his wife sold their 1930 Palm Beach estate for $13.6 million.

The house and guest house at 134 El Vedado Road total 7,368 square feet and sold for $1,845 per square foot, records show. The Delano Family Trust, led by Tamara and Randolph Delano, bought the property.

Myron Miller and his dad Robert are tied to a real estate development group based in Cleveland that developed retail shopping centers and led renovations at the 13-acre Jupiter Pointe Club & Marina, according to the Palm Beach Daily News.

The house was designed by famed Palm Beach architect John Volk, who worked on the restoration of The Breakers after its use as an army hospital during World War II, according to Palm Beach County History Online. The architect also designed Royal Poinciana Plaza.

The home sits on 1.2 acres. It has six bedrooms and eight bathrooms, along with a two-bedroom guest house with a living room and kitchen. The property also has a pool and a tennis court.

A majority of the priciest home sales in the tri-county region in 2019 were on the barrier island of Palm Beach. At the top of the list was the $105 million purchase of the 10-bedroom estate at 1415 South Ocean Boulevard by billionaire hedge funder Steven Schonfeld and his wife Brooke.

In 2018, Robert R. Hermann Jr., an heir to the late beer magnate August A. Busch Jr., paid $11.3 million for a 12,600-square-foot mansion at 210 El Vedado Road, down the road from the Delanos’ new residence.


Related Articles

arrow_forward_ios
Doug and Karin Waggoner with the property at 137 Woodbridge Road (Credit: Google Maps and Southern Methodist University)

Former BlackRock exec pays $9M for Palm Beach house with Mar-a-Lago membership included

Former BlackRock exec pays $9M for Palm Beach house with Mar-a-Lago membership included
South Florida Resi Contracts Up in July (Credit: iStock)

South Florida resi contracts continued to rise in July

South Florida resi contracts continued to rise in July
350 Indian Road and (inset) Frank H. Kenan (Realtor, Kenan Institute)

Scion of Kenan family sells Palm Beach mansion for $8M

Scion of Kenan family sells Palm Beach mansion for $8M
113 Clarke Avenue, Peter J. Wood, Edwin Lin (Realtor.com)

Citadel hedge fund exec buys Palm Beach home for $10M

Citadel hedge fund exec buys Palm Beach home for $10M
Schuyler Tilney and 222 Ridgeview Drive (Linkedin, Sotheby's)

Got the power: Energy investor and former Enron exec pay $7M for Palm Beach house

Got the power: Energy investor and former Enron exec pay $7M for Palm Beach house
1744 South Ocean Boulevard (Credit: Google Maps and iStock)

Oceanfront Palm Beach estate trades for $51M

Oceanfront Palm Beach estate trades for $51M
Rendering of 259 Pendleton Ave. with Jonathan Fryd, Todd Glaser and Scott Robins (Glaser by Mary Beth Koeth)

Todd Glaser, partners buy Palm Beach lot to build spec home

Todd Glaser, partners buy Palm Beach lot to build spec home
920 North Lake Way, Jeffrey Marcus of Marcus Cable, and Patrick Ryan of Press Ganey (Credit: Google Maps)

Cable mogul buys waterfront Palm Beach home for $16M

Cable mogul buys waterfront Palm Beach home for $16M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...